sunilmandhan

sunilmandhan

Should try to breakout from the support retest as there is no negative news and result is due this week. Should run to 820-850 this week before results if not manipulated.

sunilmandhan

based on the horizontal support for descending triangle with upward trend continuation, the pattern should breakout anytime for brisk move to the target.

sunilmandhan

healthy retracement should lead the sbi life to 2300-2400 as per the cup & handle pattern

sunilmandhan Updated 

Platinum is breaking out on weekly and daily time scale our of ascending triangle and channels with big volumes. multiyear breakout possible with high certainty as geopolitical situation will change the things for long as low trust environment (which is not new) but now with attack on Iran, and Ukrain Russian prolonged war and support to Ukraine by many big...

sunilmandhan

Now the stock is retesting the breakout area out of cup and handle, if this turns out to be true, the next target should be 2300.

sunilmandhan Updated 

I can retrace for heathy corrrection to level 1 and if war stops or intensity reduced in coming days or weeks, it can further dip to level 2 and most probably to level 3.